Return our Funds Update, page-7

it's possible but certainly not in "the best interest of shareholders". the FFX directors won't want to take the risk of a legal dispute by disgruntled FFX shareholders. it's about protecting minority interests.
The directors said LEO shares would be distributed to FFX shareholders back in January 2025. something unfavourable happened. The obvious ATO ruling discussions/complications and the not so obvious discussions with liquidators and lawyers. Something else?
why would the FFX directors take the risk of a legal dispute by disgruntled FFX shareholders on voting the

I think most shareholders don't want to be taxed on the FFX distribution/ income in 2025.
if it's taxable most would prefer it be received in July 2025.
If its a non taxable ROC then we need to wait for the tax ruling.